فاعلية قناة الائتمان المصرفي في السياسة النقدية في العراق للمدّة 2004 – 2014
الملخص
The monetary Authorities can achieve its their final goals and targets , through two channels . the first is the interest rate channel , which is known also as the conventional channel . the second one is the credit channel . This research is devoted to deal with the latter .
This study is to shed light upon the nexus between the monetary policy and the banking sector in Iraq for the period 2004-2014 . It importance stems from addressing the credit channel, in details, and from stating the impact of the banking sector’s characteristics on the efficiency of credit channel .
The Hypothesis of the research is as follows : " The characteristics of Iraqi banking sector during the period 2004-2014 , set the stage for the credit channel to work efficiently .
The study lies into three chapters . the first one is devoted to give a theoretical framework of the credit channel and the factors that the researcher considers as determinants of the credit channel efficiency .
The second chapter displays the characteristics of the Iraqi banking sector for the period 2004-2014 , while the third one represents an attempt to measure the efficiency of credit channel in Iraq for the period mentioned above , by using the weights or the range Approach.